Price for Rattans Used Primarily for Plaiting in Oman - 2021

Contents:

1. Price for Rattans Used Primarily for Plaiting in Oman (CIF) - 2022
2. Price for Rattans Used Primarily for Plaiting in Oman (FOB) - 2022
3. Imports of Rattans Used Primarily for Plaiting in Oman
4. Exports of Rattans Used Primarily for Plaiting in Oman

Price for Rattans Used Primarily for Plaiting in Oman (CIF) - 2022

The average import price for rattans used primarily for plaitings stood at $1,022 per ton in 2022, dropping by -25.2% against the previous year. In general, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 73% against the previous year. Over the period under review, average import prices reached the maximum at $1,783 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +201.9% per year.

Price for Rattans Used Primarily for Plaiting in Oman (FOB) - 2022

In 2022, the average export price for rattans used primarily for plaitings amounted to $2,075 per ton, shrinking by -11% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices hit record highs at $2,331 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($3,621 per ton), while the average price for exports to the United Arab Emirates totaled $880 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+56.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rattans Used Primarily for Plaiting in Oman

In 2022, purchases abroad of rattans used primarily for plaitings was finally on the rise to reach 761 kg after two years of decline. Over the period under review, imports, however, showed a sharp setback.

In value terms, rattans used primarily for plaiting imports expanded significantly to $778 in 2022. Overall, imports, however, recorded a sharp shrinkage.

Top Suppliers of Rattans Used Primarily for Plaiting to Oman in 2022:

1. United Arab Emirates (761.0 kg)

Exports of Rattans Used Primarily for Plaiting in Oman

In 2022, overseas shipments of rattans used primarily for plaitings increased by 66% to 266 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic decline.

In value terms, rattans used primarily for plaiting exports surged to $552 in 2022. In general, exports, however, showed a abrupt contraction.

Top Export Markets for Rattans Used Primarily for Plaiting from Oman in 2022:

1. United Arab Emirates (150.0 kg)
2. Qatar (116.0 kg)

Source: IndexBox Market Intelligence Platform